Shanghai Electric Group, a Chinese company that produces electrical components and electricity, is the project’s main investor. With the first unit being connected to the national grid at the beginning of December this year, Shanghai Electric reported the financial conclusion of the integrated project’s coal mining component in February 2020. When fully operational, the 1.3GW coal-fired power plant would provide over four million Pakistani homes with affordable, steady electricity.
The second 660MW block of the Shanghai-Thar Coal Power Plant was successfully connected to the national grid on Sunday.
The Pakistan Muslim League Nawaz’s (PML-N) media wing announced this via a tweet on the same day.
The £2.6 billion ($3.2 billion) integrated project is intended to be part of China’s Belt and Road Initiative (BRI) as part of the China-Pakistan Economic Corridor (CPEC).
The project’s principal investor is Shanghai Electric Group, a Chinese electricity production, and electrical components production firm.
Shanghai Electric reported the financial closing of the integrated project’s coal mining component in February 2020, with the first unit connected to the national grid at the start of December this year.
The 1.3GW coal-fired power station is intended to deliver inexpensive and dependable electricity for nearly four million Pakistani homes when fully operational.
The integrated project’s 1.3GW coal-fired power station is located roughly 5 kilometers from the pithead of the Thar Block-1 coal mine.
